Newark Campus Development Fund
Newark Campus Development Fund reported $31.5 million in revenue and $3.8 million in expenses for the fiscal year ending October 31, 2025. Of every $100 it spent, $86.67 went to program services, $12.63 to management and general costs and $0.70 to fundraising. Its largest source of revenue was contributions and grants: 83.7% of the total. The highest compensation it reported for one person was $64,122 (EXECUTIVE DIRECTOR). Revenue rose 485% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending October 31, 2025 · Form 990, Part IX, line 25 · total expenses $3.8MFor context, the median across 5,498 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending October 31, 2025 · Form 990, Part VIII · total revenue $31MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 86.7% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 12.6% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.7% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 83.7% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 0.0% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $64,122 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.70% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 0 | 7 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 274.1 | 13.3 |
| Independent voting board members Part VI 1a–1b | 11 of 11 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseThe Newark Campus Development Fund (ncdf) acts as a conduit for generous donors to assist the growing needs of the Newark Campus. Established in 1983, ncdf has provided more than $59 million in scholarships, grants and capital investments. Capital projects funded include the construction of the everett reese bell tower, the j gilbert reese technology center, the john and christine warner library and student center and the john and mary alford center for science and technology, as well as providing funds for technological equipment, parking, and campus beautification.the headcount at ohio…
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| EXECUTIVE DIRECTOR Officer, 14.00 hrs/week | $62,254 | $0 | $1,868 | $64,122 |
| CHIEF FINANCIAL OFFICER Officer, 11.00 hrs/week | $37,616 | $0 | $1,128 | $38,744 |
0 people received more than $100,000 in reportable compensation from Newark Campus Development Fund (Part VII, line 2). Compensation of current officers, directors and key employees totaled $84,681 (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b11 · 11 independent
- Audited financial statements Part XII 2bNo
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2Yes
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 53
- Volunteers Part I, line 613
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| PARK NATIONAL BANK Investment management services | $367,824 |
Individuals listed as contractors are left out. 1 contractors were paid more than $100,000 in all.
Private foundation grants it received
6 private foundations reported grants to Newark Campus Development Fund totaling $2.9M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Newark Campus Development Fund's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Newark Campus Development Fund, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Newark Campus Development Fund spent in FY2025, $86.67 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Carmen High School of Science and TechnologyMilwaukee, WI · revenue $31M · programs 54.1% · FY2025
- The College Preparatory SchoolOakland, CA · revenue $31M · programs 75.5% · FY2025
- Floridians for Quality Virtual EducationTampa, FL · revenue $31M · programs 99.7% · FY2025
- Westridge School for GirlsPasadena, CA · revenue $32M · programs 77.9% · FY2025
- Joan and Irwin Jacobs Technion - Cornell InstituteNew York, NY · revenue $31M · programs 85.5% · FY2025
Questions people ask
How much of Newark Campus Development Fund's spending goes to programs?
In the fiscal year ending October 31, 2025, Newark Campus Development Fund reported that 86.7% of its $3.8 million in expenses went to program services, 12.6% to management and general and 0.7% to fundraising (Form 990, Part IX).
How much does Newark Campus Development Fund pay its top executive?
The largest total compensation Newark Campus Development Fund reported for one person in the fiscal year ending October 31, 2025 was $64,122, for the role of EXECUTIVE DIRECTOR (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Newark Campus Development Fund get its money?
Of $31.5 million in revenue in the fiscal year ending October 31, 2025, 83.7% came from contributions and grants and 0.0% from program service revenue (Form 990, Part VIII).
Is Newark Campus Development Fund a registered charity?
The IRS lists EIN 31-1062282 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending October 31, 2025, object 202602589349300345 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending October 31, 2024, object 202542589349300329 · read the filing
- FY2023: Form 990 for the fiscal year ending October 31, 2023, object 202412609349301046 · read the filing
- FY2022: Form 990 for the fiscal year ending October 31, 2022, object 202312579349301121 · read the filing
- FY2021: Form 990 for the fiscal year ending October 31, 2021, object 202202579349300945 · read the filing
- FY2020: Form 990 for the fiscal year ending October 31, 2020, object 202122579349302172 · read the filing
All filings for EIN 31-1062282: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.